Orange County NC Website
Schools Capital Projects Summary - RECOMMENDED AND UNFUNDED <br />Fiscal Years 2013 -18 <br />";urren' Year9 Year rears Year rears rive Year <br />Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year to <br />Proiects by School Svstem 2012 -13 1 2013 -14 2014 -15 2015 -16 2016 -17 2017 -18 Total Year 10 <br />Chapel Hill Carrboro City Schools <br />Long Range Capital <br />3,724,849 <br />3,724,849 <br />3,780,722 <br />3,837,433 <br />3,894,994 <br />3,953,419 <br />19,191,416 <br />20,674,606 <br />Pay -As- You -Go Funds <br />2,290,782 <br />2,290,782 <br />2,325,144 <br />2,360,021 <br />2,395,421 <br />2,431,353 <br />11,802,720 <br />12,714,884 <br />Lottery Proceeds <br />815,000 <br />839,960 <br />839,960 <br />839,960 <br />839,960 <br />839,960 <br />4,199,800 <br />4,199,800 <br />QSCBs (Unfunded) <br />- <br />- <br />- <br />Maintenance Projects (Unfunded) <br />2,688,717 <br />3,389,529 <br />4,292,719 <br />3,683,087 <br />4,288,503 <br />18,342,555 <br />17,272,445 <br />New School /Facilities <br />600,000 <br />4,254,042 <br />4,426,772 <br />325,000 <br />9,605,814 <br />55,220,001 <br />Middle School #5 <br />276,082 <br />1,168,474 <br />6,686,266 <br />27,027,452 <br />4,968,488 <br />39,850,680 <br />2,297,827 <br />Elementary# 11 <br />21,500,000 <br />1 <br />12,282,960 <br />- <br />1 6,419,459 <br />11,977,149 <br />18,605,738 <br />34,270,920 <br />12,528,304 <br />83,801,569 <br />1 89,407,130 <br />Total 24,605,782 <br />Orange County Schools <br />Long Range Capital <br />3,724,849 <br />3,724,849 <br />3,780,722 <br />3,837,433 <br />3,894,994 <br />3,953,419 <br />19,191,416 <br />20,674,606 <br />Pay -As- You -Go Funds <br />1,434,067 <br />1,434,067 <br />1,455,578 <br />1,477,412 <br />1,499,573 <br />1,522,066 <br />7,388,696 <br />7,959,722 <br />Lottery Proceeds <br />506,350 <br />513,851 <br />513,851 <br />513,851 <br />513,851 <br />513,851 <br />2,569,255 <br />2,569,255 <br />OSCBs <br />- <br />- <br />- <br />District -Wide Projects (Unfunded) <br />276,082 <br />2,972,071 <br />193,737 <br />3,683,087 <br />2,563,083 <br />6,004,973 <br />2,297,827 <br />Elementary # 8* <br />600,000 <br />- <br />- <br />325,000 <br />- <br />21,478,200 <br />CRHS Auxiliary Gym <br />276,082 <br />3,328,750 <br />193,737 <br />2,563,083 <br />3,328,750 <br />2,297,827 <br />CRHS Classroom Wing Addition <br />- <br />12,282,960 <br />12,282,960 <br />2,224,000 <br />8,270,250 <br />14,467,960 <br />2,013,424 <br />4,599,000 <br />31,574,634 <br />34,305,004 <br />Total 1,940,417 <br />Total all Schools <br />26,546,199 <br />8,643,459 <br />20,247,399 <br />33,073,698 <br />36,284,344 <br />17,127,304 <br />115,376,203 <br />123,712,134 <br />Revenues /Funding Source <br />General Fund (Pay-As-You-Go) <br />3,724,849 <br />3,724,849 <br />3,780,722 <br />3,837,433 <br />3,894,994 <br />3,953,419 <br />19,191,416 <br />20,674,606 <br />Lottery Proceeds <br />1,321,350 <br />1,353,811 <br />1,353,811 <br />1,353,811 <br />1,353,811 <br />1,353,811 <br />6,769,055 <br />6,769,055 <br />Debt Financing <br />21,500,000 <br />4,497,224 <br />18,969,226 <br />27,027,452 <br />4,968,488 <br />55,462,390 <br />Debt Financing (Unfunded) <br />- <br />- <br />- <br />Maintenance Projects (Unfunded) <br />2,688,717 <br />3,389,529 <br />4,292,719 <br />3,683,087 <br />4,288,503 <br />18,342,555 <br />17,272,445 <br />New School /Facilities (Unfunded) <br />600,000 <br />4,254,042 <br />4,426,772 <br />325,000 <br />9,605,814 <br />76,698,201 <br />District -Wide Projects (Unfunded) <br />276,082 <br />2,972,071 <br />193,737 <br />2,563,083 <br />6,004,973 <br />2,297,827 <br />QSCBs (Unfunded) <br />- <br />Note 1: The Article 46 one quarter cent sales tax proceeds for schools is included in the Special Revenue Projects section of the CIP. <br />Note 2: School Construction is guided by the Schools Adequate Public Facilities Ordinance ( SAPFO) projections of capacity and need. <br />(1) Pay -As- You -Go funds reflect the same funding in FY 2013 -14 as in FY 2012 -13, and assumes a 1.5% annual growth throughout the 5 year CIP period <br />(2) Lottery Proceeds are assumed at the same amount from the State throughout the 5 year CIP period. The funds will be distributed on the basis of <br />each school systems Average Daily Membership. The CIP assumes that this amount will remain constant for the next five fiscal years. <br />* Orange County Schools (OCS) requested funding for Elementary School #8 in Year 2 (2014 -15) and Year 3 (2015 -16). OCS does not exceed the <br />adopted levels of service (LOS) established in the SAPFO at this time nor do projections show potential needs within the 10 -year planning period. <br />However, LOS is projected to be on the brink of being exceeded in 2022 -23 at both the Elementary and High School levels. <br />86 <br />